Molson Coors Sells Kaiser, Flat for Q4

As reported yesterday, Molson Coors Brewing announced that it sold a 68% equity interest in its Brazilian unit, Cervejarias Kaiser, which had been bleeding money and was a drag on Molson Coors, to FEMSA for $68 million cash and the assumption by FEMSA of certain Kaiser-related debt and contingencies. That's a pretty sweet deal for FEMSA. One analyst characterized it as ten cents on the dollar. Still, Molson Coors needed to get the money draining asset off the books.Following the